Spark Capital holds final closing of third growth fund

The Boston-based venture capital firm surpasses target with $900 million in commitments.

  • Fund name: Spark Capital Growth Fund III
  • Amount raised: $900 million
  • Target size: $800 million
  • Stage of fundraising: Final close
  • Final close date: January 2020
Spark Capital has raised $900 million for Spark Capital Growth Fund III, exceeding its $800 million target. The venture capital firm will use the fund to invest in growth-stage companies within the technology sector.